According to ESPN, Louisville has fired their longtime men's basketball coach Rick Pitino. They have also reportedly dismissed the school's athletic director Tom Jurich. The firings come a day after ​the program was linked to a federal investigation into fraud and corruption in recruiting.

On Tuesday, 10 men -- including a top Adidas executive and four college assistant coaches -- were charged with using hundreds of thousands of dollars in bribes to influence star athletes' choice of schools, shoe sponsors, agents, even tailors. Federal prosecutors said at least three top high school recruits were promised payments of as much as $150,000, using money supplied by Adidas, to attend two universities sponsored by the athletic shoe company.

Interim president Greg Postel later confirmed Louisville is part of the investigation. It marked the latest case of Pitino and his Louisville program being in the news for impropriety.

The allegations against an unnamed school in Kentucky -- later identified as Louisville -- include payments of $100,000 from Adidas to the family of an unnamed player, identified as "Player-10," to ensure he signs with the school.

Pitino, 65, released a statement after news of the charges was announced Tuesday, saying, "These allegations come as a complete shock to me."

Pitino has won two national championships (his first was with Kentucky in 1996), reached seven Final Fours and won 770 career games. He's in the Naismith Memorial Basketball Hall of Fame.​